The rent prices in real estate in Franklin Park, in the Illinois region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Franklin Park has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $29. The price for the following two months in (July, August) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 10 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $14 to $1.45 during September, and October.
When referring to the price in Franklin Park (cities), this has fallen in the last 6 months. In our first sample month during May, the average price is $1,865. In June This price remains at $1,811. In the following two months the average price has hardly changed with regard to the previous two months from $1,838 to $1,779. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,808.5 to $1,712 in September and October.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $1,597 in Franklin Park. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,642 it is 5 % more affordable than the average price in Franklin Park. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,568 it is 10 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $18 / sq.feet. "House" at an average price of $18 / sq.feet has the highest price and would be directed at more affluent cities.